Green Dot Corp. CEO Steven W. Streit Unloads 31,500 Shares (GDOT)
Green Dot Corp. (NASDAQ:GDOT) CEO Steven W. Streit sold 31,500 shares of the stock in a transaction that occurred on Friday, April 11th. The stock was sold at an average price of $19.63, for a total value of $618,345.00. Following the transaction, the chief executive officer now directly owns 200,000 shares of the company’s stock, valued at approximately $3,926,000. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.
Shares of Green Dot Corp. (NASDAQ:GDOT) traded down 3.37% during mid-day trading on Friday, hitting $18.94. The stock had a trading volume of 397,274 shares. Green Dot Corp. has a one year low of $15.21 and a one year high of $26.87. The stock has a 50-day moving average of $20.25 and a 200-day moving average of $22.6. The company has a market cap of $715.9 million and a price-to-earnings ratio of 25.96.
Green Dot Corp. (NASDAQ:GDOT) last released its earnings data on Thursday, January 30th. The company reported $0.18 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.21 by $0.03. The company had revenue of $142.30 million for the quarter, compared to the consensus estimate of $142.48 million. Analysts expect that Green Dot Corp. will post $1.27 EPS for the current fiscal year.
GDOT has been the subject of a number of recent research reports. Analysts at Zacks upgraded shares of Green Dot Corp. from an “underperform” rating to a “neutral” rating in a research note on Wednesday. They now have a $20.10 price target on the stock. Separately, analysts at BTIG Research reiterated a “buy” rating on shares of Green Dot Corp. in a research note on Tuesday. Finally, analysts at Compass Point cut their price target on shares of Green Dot Corp. from $30.00 to $28.00 in a research note on Monday, March 10th. They now have a “buy” rating on the stock. One research analyst has rated the stock with a sell rating, twelve have assigned a hold rating and five have assigned a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus target price of $22.32.
Green Dot Corporation (NASDAQ:GDOT) is a bank holding company.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.